Home price gains stay on track

March 31, 2015 7:17 PM

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The pace of home price appreciation in San Diego County hovered around its historical norm in January, as the housing market continued to be paced by traditional factors like employment, wages and population growth.

The S&P Case-Shiller Home Price Index showed Tuesday that resale single-family home values rose 5.1 percent from January 2014 to January 2015. The pace is down from the 19.4 percent annual growth seen in January 2014, which was led by fix and flip investors.